An IHS Markit report released Thursday, called "Automotive Display Systems Forecasts," said the display systems market will "increase drastically" in the next few years. Center stack, instrument cluster and head-up displays will together bring in more than $20.8 billion in total 2022 revenue, up from $9.2 billion five years ago.

For 2017, the report says center stack and instrument cluster displays will lead the pack in terms of revenue -- center stacks will bring in $6.1 billion and Internet clusters, $4.8 billion. While head-up displays will account for only $731 million of total display revenue in 2017, this segment may see the most growth through 2022.

Brian Rhodes, automotive technology analyst for IHS Markit, attributed the growth to a couple different factors.

"First are simple volume increases, with more vehicles adding new displays to the instrument cluster and center stack, along with head-up display deployments becoming more common," Rhodes said. "The second area of growth is in the technology value itself, as these displays are becoming larger and more capable -- and therefore more expensive."